MEO 0.00% 0.0¢ meo australia limited

Hi JT29, after more than 12 months with MEO, not much surprises...

  1. 1,360 Posts.
    Hi JT29, after more than 12 months with MEO, not much surprises me I am afraid. Yes it could close the gap or no it may just choose to go up. The FTSE is going hard this evening and the DJIA futures is also looking strong which while MEO pays little attention to global markets, it will send out a very positive vibe to the buyers in the market.

    My previous post I meant to say we can expect to see the rise to 65 to 70 cents over the next TWO weeks. Looking at the previous runs up in that chart you can see that they were both runs over about 2 to 3 weeks (some mini dips in there where Mitta may step in again). We only have 2 weeks left now before spud so I am suggesting that this is the last good run now before spud and that it has already started.

    Of course this is pure speculation and not advice. We all just try to read things in a way that makes sense to us. If it does drop tomorrow, it really doesn't matter cause I believe next week it will be up again anyway.
 
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